In a recent study based upon an inspection of 200 homes in Daisy City, 120 were found to violate one or more city codes. The Daisy City study is an example of the use of a _____
a. census
b. sample
c. probability
d. population
b
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Overlapping ________ give the organization more flexibility in transferring employees among jobs, because transfers need not always involve a change in pay.
A. pay differentials B. pay rates C. pay policies D. pay ranges E. pay ranks
In the process of reconciling its bank statement for January, Maxi's Clothing's accountant compiles the following information: Cash balance per company books on January 30$5425?Deposits in transit at month-end$1940?Outstanding checks at month-end$590?Bank service charges$32?EFT automatically deducted monthly, not yet recorded by Maxi$520?An NSF check returned on a customer account$335?The adjusted cash balance per the books on January 31 is:
A. $5642 B. $5888 C. $5431 D. $4538 E. $6478
Management accounting focuses on external decision making
Indicate whether the statement is true or false
Regarding employee stock options, which of the following is/are not true?
a. Firms compute a fair-value-based measure of employee stock options on the date of the grant using an option-pricing model that incorporates information about the current market price, the exercise price, the expected time between grant and exercise, the expected volatility of the stock, the expected dividends, and the risk-free interest rate. b. Total compensation cost is the number of options the firm expects to vest times the value per option. c. Firms amortize total compensation cost over the requisite service period, which is the expected period of benefit. d. The requisite service period is usually the period between the grant date and the vesting date. e. Firms typically remeasure most types of stock options after the initial grant date.